Evaluate $5 \times 12 ^ { 2 } - \frac { 45 } { 9 }$

question 76

Multiple Choice

Evaluate $5 \times 12 ^ { 2 } - \frac { 45 } { 9 }$ following the order of operations using a calculator.

• A)715
• B)115
• C)75
• D)1

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Definitions:

Acid-test Ratio

A stringent indicator that determines whether a firm has enough short-term assets to cover its immediate liabilities without selling inventory.

Quick Assets

Assets that can be quickly converted into cash without a significant loss in value, including cash, marketable securities, and accounts receivable.

Current Liabilities

Obligations or debts that a company must pay within one year or within its operating cycle if longer.

Gross Margin Ratio

A financial ratio that measures a company's financial health, calculated by subtracting the cost of goods sold from net sales and dividing by net sales.